I wonder if it's the appetite for tech investment that causes this.
In Australia (outside of a small enclave in Sydney) the only thing that investors know about and want to invest in is Mining (or occasionally Agriculture).
I can see the same situation in Germany: investors want to invest in what they know, and very few of them know about tech products. There's little pockets of tech-savvy investors around Europe, but on the whole there's not that many.
But California has an abundance of investors who know tech and are willing to invest in it. So it's easy to see why a Euro tech company that wants funding would migrate there.
>But California has an abundance of investors who know tech and are willing to invest in it.
Yes i think that's it, i can make a bet that more Windows Servers run in Europe than in the US, Europe is in that field (the mindset) at least 6 years behind the US and China, but some exceptions exists like Estonia.
In Australia (outside of a small enclave in Sydney) the only thing that investors know about and want to invest in is Mining (or occasionally Agriculture).
I can see the same situation in Germany: investors want to invest in what they know, and very few of them know about tech products. There's little pockets of tech-savvy investors around Europe, but on the whole there's not that many.
But California has an abundance of investors who know tech and are willing to invest in it. So it's easy to see why a Euro tech company that wants funding would migrate there.